Digital Music Group Announces New TV and Video Content Acquisitions
June 05 2007 - 7:00AM
PR Newswire (US)
Ultraman, Classic Wrestling, and Extreme Sports Highlight Additions
to DMGI Video Library SACRAMENTO, Calif., June 5
/PRNewswire-FirstCall/ -- Digital Music Group, Inc. (NASDAQ:DMGI),
a content owner and global leader in the digital distribution of
independently owned music, TV and film catalogs, announced today a
number of new long-term exclusive video content acquisitions
totaling over 400 hours of new video content. "The deals announced
today represent a significant expansion of our already extensive
DMGI video library," said Mitchell Koulouris, CEO of DMGI. "This
fantastic new content extends our DMGI Kids, Edge, and Sports
categories which we are distributing through our rapidly expanding
network of Internet and mobile video partners including YouTube,
AOL's IN2TV, Joost, Amazon, Sprint Movies and many others."
Ultraman 80 and Ultraman Toward the Future Featuring over 60
episodes between the two programs, the superhero/science fiction
classic Ultraman 80 and Ultraman Toward the Future are among the
most popular TV cult classics of the 20th century. A number of
Ultraman episodes are already available on an ad-supported
streaming basis at http://www.in2tv.com/. Wrestling Titans The
Wrestling Titans series features over 100 hours of classic
wrestling content including wrestling legends such as Gorgeous
George, Freddie Blassie, Captain Lou Albano, Pat Patterson, Andre
The Giant, Lex Luger, Junkyard Dog, Nature Boy Ric Flair and many
more. The series chronicles the golden years of wrestling and
features the top names in the sport from the 1960's to the 1980's.
Trident Action Sports The Trident Action Sports series features
over 100 hours of world class extreme sports including BMX racing,
snowboarding, moto-cross, skateboarding, motorcycle long distance
jumping and much more. Some of the top athletes in each sport are
featured including Mike Metzger, Jeremy McGrath, The Bounty Hunter,
Oxx, Mickey Diamond, and Kenny "The Cowboy" Bartram. Endless Fun
Productions Endless Fun is surfing's answer to adventure
programming. Filmed entirely in high definition video this series
contains over 100 hours of surfing action in some of the hottest
and most exotic locations in the world including Costa Rica,
Guatemala, California's secret hotspots, Baja, Mainland Mexico and
Indonesia. Over The Edge A funny and entertaining series featuring
over 100 vignettes of crazy people doing zany things, Over The Edge
is produced on location throughout the United States and around the
world. About DMGI Founded in 2005, Digital Music Group Inc.
(NASDAQ:DMGI) is a content owner and global leader in the digital
distribution of independently owned music and video content. DMGI
acquires the digital rights to media catalogs and digitally encodes
them into multiple formats for distribution to digital
entertainment services operating over the Internet and wireless,
cable and mobile networks. Our digital entertainment service
partners include: the iTunes Store, Google Video, YouTube,
AOL/In2TV, RealNetworks, Napster, Wal- Mart Music, MusicNet,
Verizon, Sprint, InfoSpace, Moderati, Zingy, 9 Squared, and many
others. For more information, please visit http://www.dmgi.com/.
Digital Music Group is a trademark of Digital Music Group, Inc.
Other names mentioned herein are the property of their respective
owners. Forward-Looking Statements This release contains
forward-looking statements (including, without limitation,
information regarding Digital Music Group's distribution of the
Ultraman, Wrestling Titans, Trident Action Sports, Endless Fun, and
Over the Edge video catalogs and making these catalogs available
through current and future digital entertainment services) that
involve risks and uncertainties that could cause the results of
DMGI to differ materially from management's current expectations.
Actual results may differ materially due to a number of factors
including, among others: unforeseen difficulties assembling and
processing the video content; the market demand for digital video
recordings and potential changes in consumers' tastes and
preferences in video; and our dependence on digital entertainment
services for the distribution and sale of our video content. The
matters discussed in this press release also involve risks and
uncertainties described in DMGI's most recent filings with the
Securities and Exchange Commission, including its Annual Report for
2006 on Form 10-K filed with the SEC on March 30, 2007 and its
Quarterly Report on Form 10-Q filed with the SEC on May 14, 2007.
Digital Music Group assumes no obligation to update the
forward-looking information contained in this release. Press
Contact Foeller Communications: Kurt Foeller, Telephone:
415-578-3251 e-mail: Investor Relations Contact Digital Music
Group, Inc.: Karen Davis, Chief Financial Officer, Telephone: (916)
239-6010 x2505 Allen & Caron Inc.: Jesse Deal, Account Manager,
Telephone: (212) 691-8087, e-mail: DATASOURCE: Digital Music Group,
Inc. CONTACT: Kurt Foeller of Foeller Communications,
+1-415-578-3251, ; Karen Davis, Chief Financial Officer,
+1-916-239-6010 x2505; or Jesse Deal, Account Manager, Allen &
Caron Inc., +1-212-691-8087, Web site:
http://www.digitalmusicgroupinc.com/
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